Wednesday, February 11, 2015

DTC Eligibility Q & A – Going Public Attorneys

Going Public LawyerQ. What is The Depository Trust Company (“DTC”)? A. DTC is the only stock depository in the United States. Q. How do public companies obtain DTC eligibility? A. Issuers must satisfy specific criteria to receive initial DTC eligibility, and to remain DTC eligible. Even after those securities become eligible, DTC may limit or terminate its services. Q. Why is DTC... Read MoreGoing Public Lawyerhttps://www.securitieslawyer101.com/2015/dtc-eligibility-going-public-attorneys/